Question: 1. Is it better to exercise a put option on the with dividend date or on the ex-dividend date? Explain 2. .Discuss briefly the risks

1. Is it better to exercise a put option on the with dividend date or on the ex-dividend date? Explain

2. .Discuss briefly the risks and payoffs of the following positions:

A. Buy stock and call sell call option on the same stock

B. Buy stock, buy put and sell call

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